RNWEF - REC Silicon ASA

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REC Silicon ASA

Lysaker Torg 5
3rd Floor PO Box 63
Lysaker 1324
Norway
47 40 72 40 86
https://www.recsilicon.com

Sector(s): Technology
Industry: Semiconductor Equipment & Materials
Full-time employees: 360

Key executives

NameTitlePayExercisedYear born
Mr. William Kurtis LevensPres & CEO177.2kN/AN/A
Mr. Jeong Ryul YunChief Financial Officer285.83kN/AN/A
Mr. Dongjin JungChief Strategy Officer107kN/AN/A
Mr. Douglas J. MooreCorp. Controller234.25kN/AN/A
Mr. Chuck SuttonVP of Global Sales & MarketingN/AN/AN/A
Ms. Vivianne ParkVP of HRN/AN/AN/A
Mr. Jeff JohnsonVP of Moses Lake OperationsN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various solar grade polysilicon for solar applications, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules. The company provides electronic grade polysilicon comprising Float Zone based devices that are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, Internet of Things, and big data; and Czochralski, an electronic grade polysilicon that principally used in manufacturing of semiconductor wafers. In addition, it offers silicon gases consisting of silane, dichlorosilane, monochlorosilane, and disilane. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.

Corporate governance

REC Silicon ASA’s ISS governance QualityScore as of 1 June 2023 is 5. The pillar scores are Audit: 2; Board: 8; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.